Toyota's Japan output lowest in 31 years
Toyota Motor Corp. expects its output in Japan this fiscal year to fall below the level needed to maintain its full-time workforce for the first time in more than three decades, a report said April 21.
Toyota sees the production of 3 million vehicles as necessary to maintain its full-time workforce in Japan of about 69,400. But its output is projected to be only 2.8 million units in the fiscal year through March 2010 — its first dip below 3 million in 31 years, Japan's top-selling Yomiuri newspaper said.
The company will have difficulty maintaining its level of full-time workers and may need to make some cuts, the daily reported, though it quoted one unnamed executive as saying the company would not cut the workforce at the moment.
Toyota has not laid off full-time workers since 1950.
The Japan Times Weekly: April 25, 2009 (C) All rights reserved
|